African Copper Plc

African Copper Plc

July 10, 2012 02:00 ET

African Copper Plc: ZCI Strategic Review

LONDON, UNITED KINGDOM--(Marketwire - July 10, 2012) - Shareholders should note the announcements by African Copper PLC ("ACU" or the "Company") (AIM:ACU)(BOTSWANA:AFRICAN COPPER) on 28 February 2012, 16 April 2012 and 30 May 2012, in which ACU stated that it had been notified by its 84.19% controlling shareholder, ZCI Limited ("ZCI"), that ZCI had initiated a process intended to realise value from its investment in ACU, which process may result in the partial or full sale of ZCI's interest in ACU.

Shareholders are advised that the process is ongoing and may have a material effect on the price of the Company's securities. Accordingly, shareholders are advised to continue exercising caution when dealing in the Company's securities. A further announcement will be made in due course.

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Contact Information

  • African Copper Plc
    Brad Kipp
    Chief Financial Officer
    +1 (416) 847 4866

    Tavistock Communications (PR and IR)
    Simon Hudson
    +44 (0) 20 7920 3150

    Canaccord Genuity (NOMAD and Broker)
    Andrew Chubb/Tarica Mpinga
    +44 (0) 207 523 8000